Under the newly minted 2010 Dodd-Frank Act, the Commodity Futures and Trading Commission is chartered to monitor non-agricultural commodities trading, to promote transparency and to prevent asset bubbles.
The new regulation is a part of the Dodd-Frank financial reform act, under which the Commodity Futures Trading Commission (CFTC) proposed rules for how OTC derivatives clearing houses should be regulated.
Similar proposals have already been made by the Commodity Futures Trading Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA).